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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Establishment and incorporation of Board.Section 4 · Constitution of the Board.Section 5 · Vacancy.Section 6 · Allowance to membersSection 7 · Appointment of Financial Adviser and Chief Account Officer.Section 8 · Appointment of Chief Executive Officer.India Code, Government of India. Text fetched 12 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.